Financial Daily from THE HINDU group of publications
Monday, February 17, 2003
It's a different ball game for Sahara
THE Sahara group, now in talks with First India MF for what seems to be a takeover, looks all set to enter the arena of mutual funds. The group, with interests as diverse as aviation and housing, is already a leading name in the deposits ... More
FIs crawl out of K10 stocks Retail investors, who bought them, burn their fingers
FINANCIAL institutions seem to have successfully offloaded their holdings in the scam-tainted K10 stocks to the general public. Almost two years after the Ketan Parekh stock scam broke out in early March 2001, an analysis of the shareholding ... More
Crisil affirms `AAA' to NTC's Rs 200-cr bonds
CRISIL has reaffirmed the National Textile Corporation Ltd's (NTC) Rs 200-crore redeemable non-convertible bonds an AAA (so) rating on the basis of the strength of the unconditional and irrevocable guarantee provided by the Union Government and ... More
After remaining calm... Players may enter actively
THE domestic stock market may use the welcome break in uncertainty over a possible US-engineered war against Iraq this week and indulge in a measured pre-Budget buying. Last week, a majority of the players preferred the fence than the floor. The ... More
Punjab Tractors: Divestment to drive up?
`Attempts on to win back confidence' Mr Deepak Mungla, Country Sales Manager, Alliance Capital MF
IT is both the best of times and the worst of times for Alliance Capital Mutual Fund in India. Having decided to stay put in this country after months of uncertainty the MF is trying to win back what it has given up. And while the ... More
ICICI Bank firm
THE US markets finished the last week in positive territory (for the first time in the last five weeks) on hopes that the US-led war on Iraq may not take place, at least for time being, after the UN chief weapons inspector, Dr Hans Blix, ... More
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